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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: StocksMan who wrote (20136)	10/7/2003 11:40:31 AM
From: StocksMan	Read Replies (1) \| Respond to of 20297

CheckFree Wins Top Two Ranking Positions in New Celent Study of Reconciliation Vendors Tuesday October 7, 9:00 am ET ATLANTA and LONDON, Oct. 7 /PRNewswire-FirstCall/ -- In a new report, "Ranking the Vendors of Reconciliation Systems," Celent Communications, a Boston based research and advisory firm, provides an overview of the reconciliation process in addition to analyzing and ranking thirteen major vendors' solutions. Celent's top marks went to CheckFree (Nasdaq: CKFR - News): In first place is the CheckFree Financial and Compliance Solutions (CFACS) CheckFree RECON-Plus Frontier(TM) enterprise-wide reconciliation solution, and in second place is CheckFree RECON Securities(TM). Ratings were based on criteria that included: product coverage, data transformation capabilities, matching rules, workflow automation, archiving capabilities, and scalability, among others, and were derived from extensive interviews with vendors, clients, prospects, and other market participants. CheckFree RECON Securities tied with another vendor in second, while other providers ranked in the top six. "With the spotlight on operational risk and business efficiency, securities firms are taking a hard look at their middle- and back-office processes, including reconciliation," says Celent senior analyst Pamela Brewster, co-author of the report. "Today's reconciliation platforms, with their advanced functionality look to improve the reconciliation process by making information more accurate and automating operational flows across the transaction life cycle." Mark Zill, senior vice president and general manager at CFACS said: "We have always respected Celent as a top-class research organization and are impressed by the thorough nature of this report. As pioneers of reconciliation technology for the past 30 years, we at CFACS are extremely proud to have won this recognition. . ." biz.yahoo.com